Diwali Festival of Happiness

Diwali is festival of happiness and a mark of new beginning .we celebrate this festival to honour lord Rama-chandra and mata sita on their return to home ayodhya after 14 years of exile given by lord rama step mother ,during which he fought and won a battle against the demons and the demon king ,Ravana .The hindus worship lord ganesha and goddess lakshmi during diwali for prosperity and new beginning .

Diwali is celebrated all across world by hindu ,sikh and jain .The festival ,is the mark of new year and triumph of good over evil and light over darkness .To overcome the darkness people lights lamp known diya all over the place to remove darkness ,that is why diwali also known as Deepawali festival of lights and worship. Diwali is a five day festival celebrated all across world starting in october or november each year depending on the cycle of moon it is celebrated in the 15th day of the holiest month of hindu calendar kartik, In 2018, diwali is on november 7 .

For many indians ,diwali honours lakshmi ,the goddess of wealth .some folks also worship devi saraswati on diwali ,as pursuing of education.people start new business year at diwali ,and some hindus will say prayers to the goddess for successful year .people Clean the house and business premises thoroughly before the first Diwali day, or the Dhanteras. Make the entrance way to your home or business colourful using the traditional motifs of Rangoli designs. It is also important to worship lord ganesha with goddess laxmi . on the day of diwali people also buy stock and stock market are open on account of muhurat trading for a time of 1 hour .

Before the beginning of diwali people starts cleaning their home and workplace to worship goddess parvati and lord ganesha because it is saying that laxmi only visit place which clean and neat . They also prepare different types of sweets or they particularly buy from market and to each other as diwali greeting and beginning of new year .

As diwali is the victory of good over evil , people light oil lamps all over their home and workplace to overcome the darkness for five days . People decorate home and workplace with beautiful lightings Make the entrance way to your home or business colourful using the traditional motifs of Rangoli designs.Try different types of Rangoli. .Light lamps every night during the festival.Burn different types of crackers as it is children’s favourite part of diwali . people buy new clothes on diwali ,buy sweets ,gold as buying gold or silver on dhanteras or diwali is sign of goodness .

Festival of diwali starts with dhanteras days of fortune in which people worship lord ganesha and goddess lakshmi for prosperity and wealth .second day of diwali is celebrated as Two Naraka Chaturdasi day of knowledge on this people honours saraswati ,goddess of knowledge and wisdom as education is equally important in life .Third day is celebrated as diwali ,the day of light and joy and the victory of good over evil .Fourth day embarks the beginning of new year known as annakut on this people grant sweet to each other for wellness and prosperity . At last , the festival ends with bhai duj day of love between siblings .

diwali infographic

Loan Up To Rs. 1 Crore For All MSME Traders In Just 59 Minutes

www.news.digiintern.com
www.news.digiintern.com

Now applying for the loan has become more easy and convenient for all MSME traders and the one who wishes to start a new business in just 59 minutes you can avail a loan for up to INR.1 crore starting from INR 20 lakhs in a hassle-free way at click on government recognized portal psbloansin59minutes. An initiative by Prime Minister OF India Shri. Narendra Modi, which is a Historic support and Outreach Initiative for MSME sector to revolutionize in Ease Of Doing Business for all small trader.

PM. Narendra Modi also unveils 12 key initiatives for growth and expansion in Ease of Doing Business and also mention the rise of Ease of Doing Business Ranking from 142 to 77 in 4 years with the major announcement for the betterment of MSMEs sector.

There are 5 key aspects of facilitating the MSMEs factor. This includes access to credit, access to the market, technology up gradation, ease of doing business and sense of security of employees in New India where one didn’t need to regularly visit Bank repeatedly said by Finance Minister Ms. Arun Jateily.

The major announcement made by the Prime Minister on Access to Credit was launching 59 minutes loan portal in easy access to credit for all MSMEs traders. An in-principal approval will be granted through this portal in just 59 minutes without paying an extra charge of Registration. Link to the portal is available on GST portal. The platform is directly connected to CGTMSE scheme.

On his second announcement, he mentions 2% interest subvention for all GST registered MSMEs and increase in an interest rebate from 3% to 5% for all exporters who receive a loan in the pre-shipment and post-shipment period.

 

The third announcement made was for all companies with the turnover of more than 500 crores to be compulsory brought under Trade Receivables e-Discounting System (TReDS) which will resolve the problem of cash cycle by easy access to credit from the bank for their upcoming Receivables.

No registration fee required to apply for loan anyone can easily apply for the loan in just 59 minutes. For existence Business Borrower should be GST, IT complain and must have six months Bank statement Facility. Eligibility to the loan is determined by the Income/Revenue, Repayment capacity, Existing Credit Facilities and any other factors as set by lenders.

In- Approval receipt would be generated in 59 minutes after successful registration into the portal and uploading necessary documentation as required to access to credit which includes GST Identification number, Income Return in XML format, Bank statement for last six months in pdf format and Director/owner details: Basic, Personal, Educational and ownership details and after successful registration  in-approval receipt will be generated in 59 minutes and after successful verification of document loan will granted within 5-7 working days  from any selected partner Bank as chosen by you during registration at a Rate of interest starting from 8%onwards .

No Collateral required to access the loan, anybody can access to credit under CGTMSE scheme. Link to the portal is available on MSME samadhan, GST portal, Aadhar, Gem – Government e-marketplace, Pradhan Mantri Mudra Yojna, and Udyami Mitra-Empowering MSME. The loan can be avail from any partner bank they wish to avail from.